An Illinois federal judge has said she won't toss a claim brought by shareholders alleging a former Walgreens president made a false and misleading statement during an investor conference, rejecting the company's argument that an audio recording of that conference warranted a second look at her dismissal ruling.
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WEDNESDAY, APRIL 29, 2026 Law360 iOS App Law360 Android App Follow Law360 on Facebook Follow Law360 on LinkedIn Follow Law360 on Twitter

TOP NEWS

Walgreens Can't Use Recording To Undo Investor Claim In Ill.

By Celeste Bott

An Illinois federal judge has said she won't toss a claim brought by shareholders alleging a former Walgreens president made a false and misleading statement during an investor conference, rejecting the company's argument that an audio recording of that conference warranted a second look at her dismissal ruling.

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Illinois Panel Limits BIPA Exemption For Gov't Contractors

By Lauraann Wood

The Biometric Information Privacy Act's government contractor exclusion is not a categorical exemption and applies only to violations that occur within the scope of a vendor's government-contracted work, an Illinois state appellate panel said Tuesday.

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Boeing Says 737 Max Plaintiffs Can't Seek Punitive Damages

By Ben Adlin

The Boeing Co. has told a Washington state court that dozens of plaintiffs suing over a 2024 door plug blowout on a 737 Max flight are ineligible to seek punitive damages in the case because such damages aren't allowed under Washington law.

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LITIGATION

CFTC Sues Wisconsin In Latest Prediction Market State Battle

By Aislinn Keely

The U.S. Commodity Futures Trading Commission on Tuesday added Wisconsin to the list of states it's taking to court to assert its "exclusive jurisdiction" over prediction markets after the state accused five platforms of offering illegal bets through their event contract offerings.

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SEVENTH CIRCUIT

7th Circ. Backs $7M Loan Fraudster's 6-Year Sentence

By Celeste Bott

The Seventh Circuit has upheld a six-year prison sentence for a financial controller on charges he defrauded two banks and caused more than $7 million in losses, backing a sentencing enhancement for his supervisory role in the scheme because he was "more than a conduit or middleman" and "actively planned, coordinated and concealed the fraud."

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EXPERT ANALYSIS

Small And Midsize Business Finance Faces More State Regs

Recent developments in state credit disclosure, consumer debt collection, and lender licensing and registration requirements suggest that companies extending financing to small and midsize businesses are likely to encounter a significantly more stringent legal climate moving forward, say attorneys at Manatt.

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LEGAL INDUSTRY

Justices Limit Voting Rights Act Suits While Voiding La. Map

By Katie Buehler

The U.S. Supreme Court struck down Louisiana's congressional map containing two majority-Black voting districts Wednesday and further limited the Voting Rights Act's use in challenging racial discrimination in legislative redistricting — a decision the dissent claims completes the conservative majority's "demolition" of the seminal civil rights law.

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Former AG Bondi To Appear Before House Committee May 29

By Courtney Bublé

Former Attorney General Pam Bondi will appear before the House oversight committee on May 29, committee Republicans said Wednesday.

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Fenwick Adds 5-Atty IP Team From Winston & Strawn

By Andrea Keckley

Fenwick & West LLP announced Wednesday it has welcomed a team of five attorneys from Winston & Strawn LLP, saying their additions "[deepen] Fenwick's patent litigation work across telecommunications, hardware, software, and semiconductors."

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GrayRobinson Faces More Suits Over 2025 Data Breach

By Adrian Cruz

After being hit with a proposed class action accusing GrayRobinson PA of negligence following the revelation of a March 2025 data breach, the Florida-based firm is now facing two further suits regarding the same incident.

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Nadine Menendez Denied Bail During Bribery Conviction Appeal

By George Woolston

A New York federal judge on Wednesday denied a bid from Nadine Menendez for bail while she appeals her conviction on a bribery scheme carried out with her ex-senator husband, ruling that her motion doesn't raise a substantial question of law.

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Analysis

Comey Indictment Built On Bad Legal Foundation, Experts Say

By Phillip Bantz

The criminal indictment of former FBI Director James B. Comey over an alleged threat against President Donald Trump by way of a social media post of seashells appears to be based on either an outdated or flawed understanding of the legal standard required to prove the charges in the case, which could sink the prosecution, according to experts.

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Fla. Judge Pick Denies Conflict In Trump Defamation Case

By Courtney Bublé

A judicial nominee for the Southern District of Florida on Wednesday denied there was any overlap between when he presided over a case involving President Donald Trump and when the White House let him know Trump was considering him for the federal judgeship.

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LAW FIRMS IN TODAY'S NEWS

Cozen O'Connor

Fenwick & West

Fox Rothschild

Gibson Dunn

Graves Garrett

GrayRobinson

Honigman LLP

Levi & Korsinsky

Lubin Austermuehle

Manatt Phelps

Milberg PLLC

Paul Weiss

Perkins Coie

Schertler Onorato

Seyfarth Shaw

Shamis & Gentile

Stokes Lawrence

Vaziri Law LLC

Winston & Strawn

COMPANIES IN TODAY'S NEWS

Amazon.com Inc.

American Civil Liberties Union

American Civil Liberties Union of Louisiana

Cisco Systems Inc.

Coinbase Global Inc.

First Midwest Bancorp Inc.

Instagram Inc.

NAACP Legal Defense & Educational Fund Inc.

The Boeing Co.

VillageMD

Walgreens Boots Alliance Inc.

GOVERNMENT AGENCIES IN TODAY'S NEWS

Commodity Futures Trading Commission

Consumer Financial Protection Bureau

Executive Office of the President

Federal Bureau of Investigation

National Transportation Safety Board

Patent Trial and Appeal Board

Texas Legislature

Texas Office of Consumer Credit

U.S. Attorney's Office for the Central District of Illinois

U.S. Attorney's Office for the Eastern District of North Carolina

U.S. Attorney's Office for the Southern District of New York

U.S. Court of Appeals for the Seventh Circuit

U.S. Department of Justice

U.S. District & Bankruptcy Courts of Southern District of Texas

U.S. District Court for the Eastern District of North Carolina

U.S. District Court for the Middle District of Florida

U.S. District Court for the Northern District of Illinois

U.S. District Court for the Southern District of Florida

U.S. District Court for the Southern District of New York

U.S. District Court for the Western District of Louisiana

U.S. House of Representatives

U.S. Navy

U.S. Patent and Trademark Office

U.S. Secret Service

U.S. Senate

U.S. Supreme Court

United States District Court for the Eastern District of Wisconsin

United States District Court for the Northern District of Ohio